As most xxxJPY pairs have been bullish last week, I wonder if next week will be correction week or continuation week.
As it broke previous LH but not LL yet, we have to see how market open reacts. If it bounces off the trendline, I would go for long.
If it breaks trendline and retests trendline, it will be possible head and shoulder, then I would wait for break of neckline which is support and retest to enter for short.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not more SL to BE too early.
It is your choice to get in retracement trades as I only trade with the trend.
As it broke previous LH but not LL yet, we have to see how market open reacts. If it bounces off the trendline, I would go for long.
If it breaks trendline and retests trendline, it will be possible head and shoulder, then I would wait for break of neckline which is support and retest to enter for short.
Trade at your own risk. If you are in profit, move SL to BE for risk free trade but do not more SL to BE too early.
It is your choice to get in retracement trades as I only trade with the trend.